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Category: Residential mortgages

deposit

In the North East, a 5% deposit would require a savings pot of £10,653 for the average new-build homebuyer in the region.

energy green epic

Within the EPiC range, rates start at 2.65% for standard properties, 2.91% for small HMOs, and 3.49% for large HMOs, MUFBs and holiday lets.

ercs mortgage negotiating

The biggest gains in the past six months were in Scotland and the South East, with over-65s gaining more than £13,000 and nearly £12,000 respectively.

halifax

Aaron Strutt at Trinity Financial said: “Many borrowers are not aware that lenders offer more generous income multiples, particularly to higher earners.”

cut rates

The reductions mean HSBC UK is offering its lowest ever interest rate of 0.94%.

house prices housing boom

The average price of property coming to market this month has increased by 1.8%, £5,767, to 333,564.

revenue

Average house prices increased by 11.7% across England and Wales in the year to April 2021, according to e.surv Chartered Surveyors’ House Price Index.

mortgages rates

Its 75% LTV product is now available at 0.75%, and its 70% LTV product is offered at 0.70%.

Growth

Metro Bank has increased its income multiple up to 5.5 times annual earnings, subject to an affordability assessment.

mass-market prices

Perhaps the biggest retail casualty has been Debenhams, which has already liquidated 52 stores with the remaining 45 to close by 15 May.